So happy to have found this forum! I was wondering if there are many retired US military living in Panama. My husband just retired after 22 years (Army) and draws a pension of around $4000/mo that would allow us to qualify for the pensionado program. We are interested in Panama. We lived 2 years in Honduras during his military career and fell in love with Central America. Unfortunately, Honduras is out of the question due to security. We have a close family friend that is Panamanian in PC that will help us navigate the "system" of living there. We are only in our mid 40's and are not ready to fully "retire" Perhaps opening a SMALL business down there?? not sure, just batting around ideas. We are on a 2 year count down plan. Does anyone know of many military retirees down there? Thanks!